INTERNATIONAL BANCSHARES CORPORATION
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $142.7M | $132.1M |
| Depreciation & Amortization | — | — |
| Depreciation | $35.9M | — |
| Amortization | $5.3M | $5.2M |
| Stock-Based Compensation | $655.0K | $692.0K |
| Net Cash from Operating Activities | $141.8M | $154.1M |
| Investing Activities | ||
| Capital Expenditures | $61.0M | $68.5M |
| Business Acquisitions | — | — |
| Net Cash from Investing Activities | $679.2M | $-1.25B |
| Financing Activities | ||
| Dividends Paid | $23.3M | $45.3M |
| Stock Repurchases | $9.3M | $1.1M |
| Net Cash from Financing Activities | $-895.0M | $1.05B |
| Net Change in Cash | $-74.1M | $-47.3M |
| Free Cash Flow | $80.8M | $85.6M |